GPT Infraprojects Secures ₹204 Crore Railway Contract

18 Sep 2024 , 03:43 PM

On Tuesday, September 17, GPT Infraprojects Ltd. shares gained up to 2%. The company announced securing a ₹204 crore contract from South Eastern Railway Kolkata. GPT Infraprojects Ltd., the flagship of GPT Group, is engaged in civil and infrastructure projects and manufactures railway concrete sleepers.

At the time of writing on September 18, 2024, at 3:41 pm, GPT Infraprojects Ltd stock is trading at ₹158, reflecting a 2.37% gain from the previous closing price. Over the past year, GPT Infraprojects Ltd stock has risen by an impressive 241%, and it has gained 89% since the beginning of the current year.

The company specializes in infrastructure projects related to railways, roads, power, and industrial sectors, operating in India, South Africa, Namibia, and Ghana. It caters to major government clients, highlighting its role as a key national builder.

The company’s order book currently stands at ₹3,979 crore, with a total order inflow of ₹1,016 crore for fiscal 2025.

GPT Infraprojects focuses on railway infrastructure, including large bridges and road overbridges (ROBs), and supplies concrete sleepers for railways in India and Africa.